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Iggy wakes up one day and suddenly decides, "I am tired of being the nice guy that everyone pushes around. Starting today, I am going to be more assertive and less accommodating of other people's needs. And if others don't like it, I'm not going to care about that anymore." Iggy's belief that he can rapidly change a basic part of his own character demonstrates a belief in
Financial Leverage
The application of borrowed resources to escalate the anticipated yield of an investment.
EPS
Earnings Per Share; a company's profit divided by its number of outstanding shares of common stock.
Financially Distressed
The state of a company or individual facing financial difficulty, often unable to meet debt obligations or manage cash flow effectively.
Bankruptcy
A legal process where individuals or businesses unable to meet their debt obligations can seek relief from some or all of their debts.
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